Studio · 384 sqftAvanti Tower, Business Bay · 5th floor · completed 2018

507, Avanti Tower

Sold prices and rental history: sold 3 times, last in July 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 9 July 2025
Last soldAED 720K9 July 2025
Current rentAED 65K /yr9 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Avanti Tower

What is 507 worth today?

Last sold for AED 720,000 in 2025

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9 Jul 2025SoldReady
AED 720,000AED 1,874 per sqft
9 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 168 per sqft
5 Jun 2024RentedNew contract
AED 70,000/yr12 months · AED 181 per sqft
7 Sep 2023SoldReady
AED 495,000AED 1,288 per sqft
28 Aug 2022RentedNew contract
AED 44,500/yr12 months · AED 115 per sqft
31 Aug 2014Sold by developerOff-plan
AED 826,500AED 2,151 per sqft

Source: Dubai Land Department. Updated 9 July 2025.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
5th of 15
Parking
P1-22
Developer
DAMAC
Completed
2018
Last sold
AED 720K · July 2025
Building
Avanti Tower

About 507, Avanti Tower

507 is a studio of 384 sqft on the 5th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 9 July 2025 for AED 720,000, or AED 1,874 per sqft, 19% above the AED 1,576 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 9 July 2025, is AED 65,000 a year: a gross yield of 9.0% on the 2025 price.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical studio in Avanti Tower
500K1M2014201820222026Typical sale price by year: 2014 AED 1,086,800; 2017 AED 868,280; 2018 AED 891,100; 2019 AED 1,011,000; 2021 AED 725,500; 2022 AED 663,000; 2023 AED 611,000; 2024 AED 700,000; 2025 AED 735,000Sold by developer, August 2014: AED 826,500 (AED 2,151 per sqft)Sold, September 2023: AED 495,000 (AED 1,288 per sqft)Sold, July 2025: AED 720,000 (AED 1,874 per sqft)

507 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 507, each contractTypical studio in Avanti Tower
40K60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 35,000; 2021 AED 38,000; 2022 AED 48,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 54,000New contract, August 2022: AED 44,500 a yearNew contract, June 2024: AED 70,000 a yearNew contract, July 2025: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Avanti Tower, and where 507 sits

All 63 studios →

507 last sold in July 2025 at AED 1,874 per sqft, 19% above what studios in Avanti Tower were fetching at the time (AED 1,576). Over the last 12 months studios sold for AED 700,000 to 750,000, around AED 1,445 per sqft, and rent for AED 40,000 to 70,000 a year. 507's AED 65,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026750,000
11 Dec 2025700,000
2 Jun 2025755,000
23 May 2025531,666
2 studio sales in the last 12 months

Avanti Tower

Building

159 apartments, studios to 3-bed over 15 floors in Business Bay, completed in 2018 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,408
Typical sale
AED 1.25M
Typical rent
AED 70K /yr
Typical yield
6.9%
Avanti Tower, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 159 units in Avanti Tower
Value
5012-bedAED 1.45M · Aug 2024
5021-bedAED 1M · Feb 2025
503StudioAED 532K · May 2025
5041-bedAED 1.18M · Jul 2023
5052-bedAED 1.52M · Feb 2026
506StudioAED 1.01M · Jan 2018
5081-bedAED 1.2M · Jun 2022
1–7 of 12

507, Avanti Tower in numbers

  • Sold 3 times: first on 31 August 2014 for AED 826,500, last on 9 July 2025 for AED 720,000 (AED 1,874 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 44,500 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 9.0%.
  • Studios in Avanti Tower sold for AED 700,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,408 per sqft.

Source: Dubai Land Department. Updated 9 July 2025.

Questions about 507, Avanti Tower

What did unit 507 last sell for?

AED 720,000 on 9 July 2025: AED 1,874 per sqft for 384 sqft. The unit has 3 registered sales; the first was AED 826,500 in August 2014.

What is the rent for unit 507?

AED 65,000 a year on the contract signed on 9 July 2025. The previous contract, from June 2024, was AED 70,000; the unit has been rented since August 2022.

How big is unit 507?

384 sqft (35.7 sqm): a studio on the 5th floor of a 15-storey tower completed in 2018.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Avanti Tower sold for AED 700,000 to 750,000 in the last 12 months, around AED 1,445 per sqft.

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Mortgage on 507, Avanti Tower

Starts from the last sale price (AED 720K, 9 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →